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XRP Bulls Await Ripple Labs’ Bank Partnerships And Collaborative Efforts

Ripple (XRP) sinks 4.1 percentCollaboration with traditional banks will cement Ripple Inc’s position as a provider of SWIFT alternativeThe casual handling of Coin Metrics report could end up biting Ripple, that’s according to a crypto advocate Fernando Nieto. At spot rates, Ripple (XRP) is back to consolidation as bears flirt

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Russia’s Central Bank to Consider Gold-Backed Cryptocurrencies for Mutual Settlements

Russia’s central bank, the Bank of Russia, will consider issuing a gold-backed cryptocurrency, Russian news agency TASS reports May 23.Elvira Nabiullina, the head of the Bank of Russia, revealed that the bank may be interested in creating a gold-pegged crypto for conducting mutual settlements with global jurisdictions.However, Nabiullina claimed

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Dutch Bank Rabobank Cancels Development of ‘Rabobit’ Crypto Wallet

Dutch bank Rabobank has reportedly canceled its plans to develop a cryptocurrency wallet, technology news outlet The Next Web states on May 23.As Cointelegraph reported, the bank had announced a cryptocurrency wallet service dubbed “Rabobit” as a part of the Rabobank Moonshot fintech innovation program in February last year.

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Bibox Europe Official Launch on Track, Raises Equity Investment from a Global Top-10 Bank

Bibox, the AI-enhanced encrypted digital asset exchange has announced plans to cater to European customers with the upcoming launch of Bibox Europe. Equipped with the necessary license in Europe, the company will be opening doors to the public as a fully regulated Blockchain Financial Service Institution.The company’s plan to launch

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Dutch Bank ABN AMRO Launches Blockchain Inventory Tracking Platform ‘Forcefield’

Dutch bank ABN AMRO announced that it is launching a blockchain inventory tracking platform dubbed Forcefield in a press release published on May 17.Per the announcement, the platform is an Internet of Things solution that allows the monitoring of physical trade inventories with sensors and near-field communication chips.Forcefield was

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